According to a report by Forrester, the market for robotic process automation tools is likely to grow a big as $2.9 billion by 2021.
As astonishing as it may seem to those organizations, which have not yet invested in incorporating RPA tools as part of the process in their setups, it is true that more sort of businesses that one may expect, are embracing RPA.
The human resource aspect is one of these aspects that are embracing this technology whole-heartedly.
So, let's see in detail, how is it that robotic automation companies are helping businesses transform the human resource function.
Task like data capture, training and education, position management, record creation and maintenance, onboarding of employees, profile maintenance, expense management, compensation and benefits, etc, can be automated to take a gargantuan burden off the HR managers' and executives' shoulders.
This also results in much faster processes.
Every year as the number of patients increases, the healthcare industry, especially the traditional ones is facing a lot of challenges in managing inventory and paper files.
Most of the hospitals are trying to find out solutions for this cost and time overrun.
But, a particular factor is that most of these hospitals were very much reluctant to make investments in RPA tools for areas other than treatments like claims, medical records and bills processing.
In short, more than one-third of the work done can be automated!
Making an investment in technology would help in providing high quality and efficient treatment at minimal costs.
One of the main areas that require automation is indeed in the digitizing and management of records.
